Ford Motor Co
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The "Fast Money" traders share their final trades of the day.
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Good reports from Lehman and Goldman, and housing starts are above expectations. Core PPI up 0.5 percent is higher than the 0.3 percent expected, but that is being pushed aside in favor of the more bullish housing starts data.
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On a day when the market's under pressure and lots of red ink is flowing, where's a stock-market investor to go? Bernie McGinn, founder of McGinn Investment Management, named a couple of companies he believes have already turned the corner to a comeback.
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Stocks closed higher Thursday after Standard & Poor's delivered the words Wall Street was waiting to hear: The end is in sight.
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Stocks plunged Thursday following news of the imminent collapse of Carlyle Capital and the dollar's 12-year low against the yen.
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Auto stocks skidded Thursday after Morgan Stanley cut its sales and earnings outlook for major U.S. auto makers.
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Stocks plunged Thursday following news of the imminent collapse of Carlyle Capital and the dollar's 12-year low against the yen.
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You figured the automakers would eventually scream "UNCLE!" I'm not sure it's a scream, but it's more than just a whisper. One thing is clear: the automakers are once again turning to 0 percent financing to spur sales that are stalling.
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Here we go again. Oil is spiking higher (over $107 a barrel) and the folks in the auto industry are once again projecting that $4 a gallon gas may be here this summer. It's sparking a new round of discussion about whether this will prompt people to change their driving habits or the type of cars/trucks/SUVs people will buy.
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It was all about beautiful cars and gorgeous girls as CNBC took to the ground for the 78th Geneva Motor Show, where automakers revealed their latest models, concept cars and technical and environmental innovations for 2008.
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Amid the gloomy comments from auto executives at the Geneva Motor Show, the unveilings of several important new models are being overshadowed. Take the new Ford Fiesta. This compact car is being sold in Europe, but the design cues and architecture behind this car will be the underpinnings of compact cars the automaker will roll out in the U.S. in the future.
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Stocks recovered from earlier losses to finish flat Monday in a volatile session riddled with weak economic data, big auto-sales declines and concerns about more fallout from the housing slump.
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GM and Ford reported double-digit U.S. sales declines in February in the face of a slumping economy and high gas prices.
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Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. In 1903, through assembly line manufacturing this company introduced the first affordable automobile to the mass public. Since then, the company has since expanded its brands and is now our nation’s second largest automaker. But there have been some major bumps in the road for them lately. In fact, Monday the company announced that February sales fell 7% due to rising fuel costs and a slowing economy. Who is it?
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Stocks turned mixed Monday after Ford turned in better-than-expected sales results and announced layoffs.
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Ford Motor said Monday it would eliminate shifts at four U.S. plants and lay off some 2,500 workers -- or almost 5 percent of its remaining work force -- as part of an effort to cut costs and return to profitability next year.
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Wall Street looks set to start the week in negative territory as stock index futures pointed lower on renewed fears for the fate of the economy.
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They've done it again. The Asian automakers, especially the Japanese dominate the latest Consumer Reports survey (subscription needed for full reports) on auto reliability. Of the 33 models CR picked to be "most reliable," 23 are from Japanese automakers. Some, like the Toyota Prius, we've come to expect to see on the list.
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Ford Motor expects to produce 685,000 vehicles in North America during the first quarter of 2008, 55,000 fewer than the first three months of last year, the company said in a report filed Wednesday with the Securities and Exchange Commission.
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In a world where it's tougher and tougher to get a car or brand to stand out, Ford's incorporation of the Mustang into NBC's new version of "Knight Rider" is a move that should pay off. Since the show Sunday night, I've heard from numerous people who watched it and loved seeing the Mustang in a starring role. It was a prime time role Ford is counting on to continue changing its image.
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Hertz Global Holdings said on Wednesday its fourth-quarter profit rose on an increase in worldwide car rental revenues.